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Multi-Family and Apartment Investing

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56
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Robert Gunby
  • Rental Property Investor
  • Springfield, VA
16
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56
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Handyman/ Property Management Fee or Monthly

Robert Gunby
  • Rental Property Investor
  • Springfield, VA
Posted Oct 23 2018, 16:49
Hello all. I have a contractor that is the handyman, he cuts grass, handles all repair or maintenance issues with tenants, he is basically on call 24/7. He makes sure the tenants are in line with outside appearance and such. He just doesn’t do the leasing aspect. I have a leasinng agent that does that. They get half of the first months rent. Would the handyman get 8% of effective gross or should it be only a fee when he is called out to the property. We are talking about 5 and 6 units here.

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